Business
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
US Won’t Cut More China Tariffs Until After November Vote
Existing tariffs on billions of dollars of Chinese goods coming into the U.S. are likely to stay in place until after the presidential election Nov. 3, and any move to reduce them will hinge on Beijing’s compliance with the terms of a phase-one trade accord, people familiar with the matter said.
January 14, 2020Senate to Vote on USMCA This Week, McConnell Says
The Senate will pass the U.S. trade deal with Mexico and Canada this week before President Donald Trump’s impeachment trial begins, Majority Leader Mitch McConnell said.
Endurant AMT Now Standard in Three International Models
Eaton Cummins Automated Transmission Technologies announced its Endurant 12-speed automated transmission is standard equipment on International LT Series, RH Series and LoneStar heavy-duty trucks.
January 14, 2020Maine to Fund Fewer Road Projects Amid ‘Slow Decline’ of Transportation System
AUGUSTA, Maine — The Maine Department of Transportation released a three-year road and bridge funding plan Jan. 14 that will use more money to fund fewer projects, a symptom of rising construction costs and chronic underfunding of the state system.
FMCSA Representatives Provide Updates on Datasets, Projects
WASHINGTON — The Federal Motor Carrier Safety Administration is preparing to make trucking industry registration data available through its Analysis & Information Online repository.
FMCSA’s Top Priority in 2020: Reducing Large-Truck Fatalities
WASHINGTON — Federal Motor Carrier Safety Administration Acting Administrator Jim Mullen has tasked his entire agency with finding ways in 2020 to turn around an increase in large-truck fatalities over the past four years.
ATRI Calls on Feds to Step Up AV Policy Efforts
The federal government needs to do more to establish a comprehensive policy regarding autonomous vehicle technology in the trucking industry, according to the latest research from the American Transportation Research Institute.
BMW, Daimler’s Self-Driving Venture May Attract Fiat Chrysler
BMW AG and Daimler AG’s self-driving car venture may attract more partners, with Fiat Chrysler Automobiles NV a front-runner to get on board at a time when the German automakers are working to select suppliers by the end of the year.
XPO Logistics Names Kurt Rogers Chief Legal Officer
XPO Logistics Inc. announced Jan. 9 that it has appointed Kurt Rogers as its new chief legal officer and corporate secretary.
States Question Safety of Shipping LNG by Rail
The Trump administration’s plan to allow liquefied natural gas to be shipped by rail, in trains with as many as 100 tanker cars, lacks essential safeguards and exposes communities nationwide to the risk of lethal fires and explosions, representatives of California and other states said Jan. 13.